The Pomp Podcast - 354: Caleb Pressley on Creating Viral Internet Content

Episode Date: August 5, 2020

Caleb Pressley is one of the most electric people on the internet. He currently works at Barstool Sports, run the @thinker account on Instagram, and previously played football at the University of Nor...th Carolina. In this conversation, we discuss college football, pro athletes creating content and building audiences, social media trends, default digital value of assets, volatility as Bitcoin's PR team, and many behind the scenes stories of Caleb's escapades.  =============================== Athletic Greens is an all-in-one daily drink to support better health and peak performance. Even with a balanced diet, it’s difficult to cover all of your nutritional bases. That’s where Athletic Greens will help. Their daily drink is like nutritional insurance for your body that’s delivered straight to your door. You can get yours at https://athleticgreens.com/pomp =============================== Coinbase Wallets are adding support for .crypto and .zil domains through their partnership with Unstoppable Domains. Unstoppable Domains provides an all-in-one solution for blockchain domains. You can send money using these new domains instead of long Bitcoin wallet addresses, while also storing your domain in Coinbase's collectibles section. Go to unstoppabledomains.com in the dapp browser to register and manage your domains. =============================== Pomp writes a daily letter to over 50,000 investors about business, technology, and finance. He breaks down complex topics into easy to understand language, while sharing opinions on various aspects of each industry. You can subscribe at https://www.pompletter.com

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Starting point is 00:00:00 What's up everyone? This is Anthony Pompliano. Most of you know me as Pomp. You're listening to the Pomp Podcast, simply the best podcast out there. Let's kick this thing off. Caleb Presley is one of the most electric people on the internet. He currently works at Barstool Sports. He runs the AtThinker account on Instagram and previously played football at the University of North Carolina. In this conversation, we discuss college football, pro athletes creating content and building audiences, social media trends, default digital value of assets, volatility as Bitcoin's PR team, and many behind-the-scenes stories of Caleb's escapades. I really enjoyed this conversation with Caleb, and I hope you do as well.
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Starting point is 00:03:47 coinbase wallets will support these dot crypto and dot zil domains unstoppable domains.com go check them out lastly don't forget that i write a daily letter to over 50 000 investors about business technology and finance i break down complex topics into easy to understand language while sharing my personal opinion on various aspects of each industry, you can subscribe at pompletter.com. Pompletter.com. All right, let's get into this episode with Caleb. He doesn't disappoint. I hope you guys enjoy this one. Anthony Pompliano is a partner at Morgan Creek Digital. All opinions expressed by Pomp or his guests on this podcast are solely their opinions and do not reflect the opinions of Morgan Creek Digital or Morgan Creek Capital Management. You should not treat any
Starting point is 00:04:31 opinion expressed by Pomp as a specific inducement to make a particular investment or follow a particular strategy, but only as an expression of his opinion. This podcast is for informational purposes only. All right, guys. Bang, bang. I've got a special treat today. Mr. Caleb Presley is here. For those of you that do not know Caleb, he is a electric content creator is how I would described him. Thanks so much for doing this, man. No problem. I'm excited. I told you I'm a big fan of yours. Huge fan. So Caleb, you grew up in North Carolina or just went to UNC? I grew up there. Born and raised in Asheville, North Carolina, which is in the mountains, West North Carolina. And yeah, then I went to Carolina for school too. So really the only time I've ever not been in
Starting point is 00:05:19 North Carolina is here in New York City. Yeah, that's awesome. And so let's talk first about UNC football uh I grew up a Duke fan so we'll give you a pass but uh what was that like playing football uh at UNC and kind of that whole experience well I have to I'll give you a pass because because my dad uh went to Duke and so we had a little bit of Duke uh affiliations as I was growing up as well but uh was he mad when you decided to go to Carolina no he wasn't mad but I'll tell you this. He put a sticker on his car whenever I went to Carolina to play football. And then the day I graduated, he took a sticker off.
Starting point is 00:05:59 Carolina Cardinals sticker right off. It wasn't – yeah, he wasn't feeling it. So, anyway, it was a great experience, man. I was there for – I went in under Butch Davis, and he got fired my freshman year. Before my – three days before the season started. So I got I got there in June or July. I spent like a month or two in the summer conditioning program, meeting everyone, all the coaching staff, whatever. And then three days before the season starts, he gets fired for, you know, there was just some apparently some cheating going on.
Starting point is 00:06:34 Turns out he didn't even have anything to do with it, but he got fired. The staff took, you know, his staff was there my freshman year. But then after that, they got fired, too. So then I kind of, you know, I don't know what your listeners are into football or not, but I went in basically, Butch Davis is a pro-style offense, which is a different type of quarterback. That's a different type of offense for a quarterback. And then we got a new spread-style offense after that, which wasn't good for me. I was not a, I'm not a prototypical spread quarterback.
Starting point is 00:07:12 So I had a great time at Carolina as a career backup, played in a few games, and I wouldn't change it for the world. I saw somebody tweeting at us when I asked for questions about you had a very long two-yard run, they said. So I don't know. I think it was against Idaho or something, which I figured it was somebody that you either knew or a Carolina fan that was trying to bust your balls. No, dude. It was actually historically correct. there's in the college football almanac it's actually the longest two-yard run in the history of the game it was almost three yards yeah no it was uh we were beating i think idaho by i think
Starting point is 00:07:51 it was 70 to 20 and then the coach put me in i think it was time to take the starters out eventually and and they we were running a zone so like i'll do another inside football thing but we're running a run play basically his own read we have an attached tight end so what what you do in a in his own read is you read the defensive end if he crashes on the running back you pull the ball well if there's an attached tight end then the tight end will just block that guy that you're supposed to read and so there really is no ability to read it as a quarterback and you supposed to hand it off let the guy go so i'm sitting here on the sideline you know it's 50 to 20 60 to 20 70 to 20 finally i'll get in so i was like i'm pulling the ball so i basically made up
Starting point is 00:08:41 my own play and almost made it three yards i love that uh i joke all the time uh i played football at bucknell university and in high school our team was horrible like i think we literally went one in 10 for two years straight when I was a freshman and sophomore. And so by the time I got to be a senior, we basically were like, look, man, we're either going to have fun out here or we're going to lose all the time. And our best play my senior year was a fake punt. So we basically would get in fourth and long, and then we would run a fake punt. And the coach would only call it once a game. And finally, towards the end of the season, my friends and I just started saying, look, man, we're going to run that play all the time. And so we would just call it ourselves on
Starting point is 00:09:23 the field and as you can imagine i'm sure your coach didn't like the fact that you pulled the ball or that we used to run the fake punt and you know they want to run their system but hey that's what happens right yeah fake punts always good you get to the point where you're running on third down though that's a problem absolutely uh all right and then uh tell us about this letter that you wrote to the coaches what is that you have to remind me maybe dude we have a lot of history there so somebody said that you wrote a letter to the coaches that had like some ridiculous all-time quotes in it but it's no longer available anywhere on the internet so this is what they're probably talking about so i used to have when i was at carolina
Starting point is 00:10:02 and this is kind of how i got started at barstool and and uh or at least it was the origins of it was i had a website called kaylorpresley.com and i would just you know i didn't have any like aspirations to be in uh media as a profession but i actually was inspired by this guy named mark titus some people might know him he's still around but when he was at ohio state he's a basketball player he kept his own website called club trillion and it was hilarious like he was just always he was a backup to he's always writing about his interactions with like greg odin who was there at the time and just just hilarious website so I was inspired by him so I started my own website where I was doing blogs I was trying to imitate him basically he's a copycat and I was
Starting point is 00:10:50 doing a couple videos and it was all just to make people laugh and for my friends really my family people who were following me back home in Asheville and then of course there's some Carolina fans who are deep enough in like the message boards and stuff where they find out about it and so I wrote a lot of stuff on that site which it hasn't been necessarily deleted i just stopped paying for it so i think that i think that like wordpress deleted it but it's i mean i don't know i probably could renew the subscription and find out what they're talking about i wrote a lot of things and just in the interest of of remembering it fondly and remembering it like i was a good writer i just don't want to renew it because i don't even want to see it and were you writing
Starting point is 00:11:28 things like uh covering your day-to-day life or were you writing like open letters to the coaches and things like that while you're playing like any like literally anything like open letters to the coaches like demanding more playing time i think i wrote one about like how third i think i wrote one about thirst this is about like basically how like horny you guys get during the summer during college like um yeah i wrote i wrote a lot of things and i'm not even sure how well they would be remembered that's what i'm saying so let's just i might just let the sleeping dog lie all right that's fair uh they might be remember well i don't know i would actually be interested to see i would love to see players today using social media or blogs demanding more
Starting point is 00:12:08 playing time like at the college level i think things would get out of hand very quickly if if that became the trend that's why it's trending dude it's it's definitely going power to the player um do you see the pack you see the pack 12 i saw the pack 12 what do you think about that so for those that don't know the pack 12 players supposedly a bunch of them have come together and they're basically making demands everything from uh they want safer conditions uh during coronavirus to they want a revenue split uh with the conference they want uh lifetime health care kind of all these you know pretty uh material demands what's your take on i think i think power to the player and i think that um that's the way it's trending that's the way it's gonna be
Starting point is 00:12:49 whether you know the ncaa is is gonna be with it or not or these conferences are gonna of course they're going to meet it with resistance and I don't know you know I'm not super informed on the exact details of what Pac-12 guys are asking for but it is going to be the way of powerful player and not just necessarily on in college I mean college is where they're probably the most you know they're they have the most opportunity for growth but even in the like professional ranks i remember watching i think it was last year when it's gosh it seems like 20 years ago with everything that's going on but i think it was last year antonio brown uh was with was put out that video of john gruden calling him and he was at his house and he was like he was releasing
Starting point is 00:13:37 footage that no behind the scenes footage that you know wasn't in part of the hbo show or anything it was just a intimate call that he had with john gruden and he put it out for the world to see and John Gruden I don't think knew about or maybe he cleared it with him after but I remember watching that and being like one this is so interesting it's captivating because you're seeing these people that you really care about operate basically behind closed doors but what's stopping anyone from doing this not necessarily in just exposing conversations but just in like really opening the door and letting people in I'm watching I keep track of it I'm watching uh right now JaVale McGee from the Lakers is is doing a vlog inside the bubble he's basically
Starting point is 00:14:23 just he's filming himself I mean it's it's pretty uh crude not in the sense of uh like language or anything but crude in the sense of how it's made but he's basically following day-to-day life in with the Lakers and you know he's getting on the bus and you see LeBron James in the back of the bus listening to music it's like that's so easy for athletes of any level to capture and release and people are going to be so interested in that content and it's something that we've really never seen which is behind the scenes without these big hulking cameras which change behaviors I do content for you know for work and a lot of the stuff we've done in the past has been like you know getting reactions out of people or talking to people on the street or or even like hidden
Starting point is 00:15:08 camera stuff and you always want I always ask the producer or whoever's shooting it let's get a smaller camera because these big cameras change your behavior in an instant you know we have these huge freaking things that sit on shoulders and we got these these audio booms and and all of a sudden people start acting different but if you can have these little cameras which now are just the iphone or whatever you capture real life it's like uh exactly how people are and for players to have the iphone and to have the editing ability or to have you know a blog might even be outdated in terms of writing uh for players I don't know we have to have some good writers I guess but have you seen Mateus I think is how you pronounce his name from uh the 76ers he's been doing the
Starting point is 00:15:52 same thing and he started on YouTube maybe two three weeks ago he's already got almost a million subscribers each video that he's released he's done like six or seven of them now uh he's gotten a million views uh on each one I think now no I haven't seen him that's exactly what I'm talking about I don't see what's stopping these guys from because then what happens is is then all of a sudden you start seeing from their perspective you start seeing from the NBA players perspective which we don't necessarily feel bad for NBA players and pro athletes but okay then an NCAA athlete does this some a college football player and you start seeing the day-to-day in his life and then all of a sudden you start really seeing from his perspective and then all of a sudden you
Starting point is 00:16:34 really relate to them and then when they start making demands or when they start asking for basically just to be treated fairly and be compensated fairly then you start being like hey this guy's right I see what he's saying he's totally right and right now with the NCAA has done a really effective job doing whether it's intentional or unintentional is and I think it's intentional and it's also these college programs is shushing the players hushing the players where they're the only ones getting to put their their viewpoints and their perspective out and so of course the public is just now starting to come around to the idea that maybe this is really unfair and this the more content these athletes are able to do um and the more people
Starting point is 00:17:18 are able to relate to them whether it's just social media even if it's not a vlog the quicker this is going to change in my opinion yeah and i think that there you got kind of two different things here right one is uh the last dance if you watch that right with michael jordan the chicago bulls like they filmed all of that behind the scenes content and held it for you know 15 20 years and then they all released it at once but it was very cut up it was approved by michael it was kind of espn's version of that history i think what you're talking about is getting access to that information almost in real time and pro players are interesting i completely agree it's after the college level. But you can almost go a step further. And what stops a player from
Starting point is 00:17:59 after a game videoing, let's say the athletic training room, right? And like, look at how much pain some of these players are in after the game's over. And you could easily see, you know, some guy in a football stadium does that two or three games in a row puts, you know, cuts it together and says, hey, you want to know why we want, you know, lifetime health insurance? Here's the, you know, the carnage after the game's over. And look, I don't think that players, you know, necessarily want to go out and be like investigative journalists or anything like that. But I do think that they've got more power in their hands now, right? They can do certain things that they previously weren't able to do, which if they're smart, they can use to their advantage.
Starting point is 00:18:37 That's exactly what I think. That's exactly what I'm saying too. And trust me, these coaches know, and the athletic directors know, and the people who are, it's in their interest to make sure that it doesn't happen they know how much power is in the players hands and it's really kind of you know a lot of I know coaches I remember Davo Sweeney a couple years ago was like no Twitter during the season that's not so listen that's not so the players are focused I mean he wants them to be focused the reason there's no Twitter during the season is he doesn't want anything getting out someone to say something stupid bulletin board material for another team or even worse, some type of violation that NCAA is going to get Clemson on.
Starting point is 00:19:16 They're looking out for themselves. And trust me, even when I was at Carolina, Fedora was a coach during whenever I was doing on my website and my content, was very receptive to me making content. He was very okay with it and encouraged it in a lot of ways. But with that being said, there were definitely still conversations that I had with my quarterback coach and other, you know, it was just well known. is like hey you if you're going to be doing this and you're gonna be posting you have a responsibility not just to yeah you can try and make people laugh and try to be you know you know
Starting point is 00:19:49 funny guy on the side whatever but also this is very serious and you need to be careful what you're posting and there's a lot of power there and I think the players are starting to come around to that yeah and the part to me that's so interesting about the Pac-12 thing is there's multiple teams This isn't just a couple of guys who are going, quote unquote, rogue from one team. They've actually gone and they're organizing with people across the conference. And all they've done really is they've just made a demand, which sounds like it's more of like they sent a letter or something like that. What you're talking about is when you stop talking to the NCAA, you start talking directly
Starting point is 00:20:28 to the people, you could see very quickly this going from, hey, the NCAA is cool with you using your image and likeness, which when you or I were in college wasn't allowed. to now literally the public pressure being like why aren't you paying these kids right and you know if you go back to what was it uh the Ohio State guys who like sold their cleats or something right you know what I mean and they were getting in trouble for it and it was like look their argument basically was um or you know actually I think I had the best argument was um Arian Foster right I think he went to Tennessee if I remember correctly and when he was in the NFL he came out and he said, I went into the stadium.
Starting point is 00:21:07 I had like, you know, record day or whatever. Everyone's chanting my name. I went home, opened my refrigerator, had no food. And the quote he gave was, I called the coach and I said, hey coach, you better bring me a hundred tacos or I'm gonna do something crazy, right? And it's like, look, is he right in that situation? Probably not.
Starting point is 00:21:23 But he's like, but the coach brought me the tacos, right? And so you kind of get in this world of like, those are the stories that people previously were only comfortable saying once they were in the NFL, once they had no repercussions. but I think that now with social media and content people are going to start sharing those stories in real time right you don't want to air out your coaches like that's you know that's a violation the coach now I do that so you know like when I was at Carolina it was uh coach Fedora and those
Starting point is 00:21:46 guys like I like the coaches I'm not trying to do anything that's going to affect them negatively that's their job they have families there that they put in a lot of time most of them really care about the players so you know you don't want to get other people in trouble just because you're trying to, you know, expose a flaw in the system. And that, you know, that goes for more than just college football, but it's kind of a balance of how do you get change without throwing other people under the bus and hurting what they got going on. For sure. Talk to me about Barstool. Obviously, you've gone from college quarterback to Barstool and create some of the most hilarious content I've ever seen. You know, you were talking earlier kind of like the man on the street or
Starting point is 00:22:30 um going to college campuses you know during football season and stuff like where do all these ideas come from and kind of what's that process look like from going from you know I've got an idea to actually getting something uh approved and published so this is what I think is interesting about Barstool for people who don't know is that Barstool was founded by Dave Portnoy who is who has now become he's pretty much like a national celebrity um he I mean pretty much everyone knows him whether you whatever you feel about him he's known so he started this company and he basically just started it as he wanted to be uh for the common man by the common man about sports sports talk and he's grown it and he's grown it but along the way as he's
Starting point is 00:23:13 hired new talent and i was one of the now when we look at it now i mean i was like the 13th employee so i was i was early on i was before we got bought but he still had been going in a long time before I came into the picture. And every time he picks up someone new that he thinks is good for Barstool, he is not overloading them. Basically, he's saying, hey, I think that you could make a valuable contribution to Barstool Sports. And what I want from you is I want you to go out and I want you to create content and I want you to publish content. And whether it's writing or it's a blog or now a podcast or TikTok, or I guess we might be moving to Triller, it sounds like or whatever um you know i want you to go do your thing and then i'm also dave's running
Starting point is 00:24:03 the company but he's not like you know ceo guy all the time he's as you can see he's making content as well so it's like almost a sense of like yeah go do your thing like go go go for it and then whatever you come up with and put out great he's not checking anyone's work before it goes out there's no editorial process i think there might be now for like some of the really new guys because it has gotten so big but um there was never any point in my entire career where dave uh like was like approving ideas after i came to him of course you know every once in a while he'll have an idea for me or if there's something like it's a really expensive travel i'll run it you know hey dave is this okay and but with that being said he's never said no in my entire career
Starting point is 00:24:52 barstool which is you know five years now he's never said no he's like the best boss and i think it's the only way barstool works how it does is that it's it's complete creative freedom and it's like everyone's their own boss and we have their own this little world where uh you can basically be as successful as you want to be and put out as much content as you want or you can you can kind of hide in the weeds and you probably still get paid every two weeks because Dave's just not paying attention he's focused on making content himself and so you know people are don't know what to feel about Barstool because you know they maybe like say they like Dave but they don't like you know someone else or they like Big Cat but they don't like Dave
Starting point is 00:25:37 and they're like I don't understand where is the company line on Barstool what is the the main point they're trying to get across and the the fact of the matter is there is no editorial point it's just a bunch of different people who are all doing their own thing with basically no oversight and it's that's why it's kind of wild wild west there's no oversight but that's what makes it fun right that's what makes it fun yeah what do you feel like in terms of um that process like what has it allowed you to do that maybe you couldn't have done elsewhere so like one or two you know segments or pieces of content that you've done where you're like i know that i could have never done this anywhere else only at barstool could i have done this
Starting point is 00:26:19 i mean almost exclusively everything i did i think that's what you're gonna say yeah i mean there's i've i've done it all i've done uh i mean we've done things that are definitely not uh you know pg we've done you know we've done like the porn convention and we've done uh we've shot out and and uh the bunny ranch what was that for uh out there in las vegas where there's prostitution is legal stuff like that which is kind of more like sultry uh stuff but also just how we involve with sports and and we get in there and we do stuff that's not i mean i went to missouri last year and one of the things we did is like i covered like my uh my hydration tests my pee test and it's like just showing yourself i wasn't showing like nudity
Starting point is 00:27:09 but just like i videoed myself peeing into a little jar recently i sent my poop off to um new mexico and we talked about that so just there's just no everything everything the answer is everything so when you're thinking of this stuff and i watch pretty much everything uh first of all it's hilarious right it's entertaining uh and i think part of the point of barstool is to make people laugh and you know dave and many others have said it multiple times like just to give people a break from life right and i think that you guys are obviously doing a great job of that how do you personally come up with these ideas like peeing in a cup sending your poop somewhere going to the porn convention you know i probably should like do more context on peeing
Starting point is 00:27:49 in a cup and seeing my poop because that just sounds without context that sounds wild um but uh what so dude so it really is like i kind of think of myself and i don't know if this is right or wrong um but i kind of think of myself as just like working for myself i work for barcelona i work for the bigger company you know and i and it's really out of just loyalty to dave because he he really took a chance on on hiring me at fresh out of college and he's he's just been like the best boss and and really partner uh because he's really a creative partner because it's like he's he's not bossing me around which i appreciate and that and it's and he's like gained a lot of loyalty from me just by the fact that he's kind of like stays out of the way and he's very supportive
Starting point is 00:28:41 but he's not uh telling me what to do and as a creative person and as a just a creative for my profession that's i think it's the only way it would work and so i'm loyal to him and definitely to the brand because that's what's giving me the opportunities. But I kind of feel like my own boss in the sense of I wake up every day and I make my own schedule. For the most part, I do radio every day. But besides that, I decide what I'm going to do. I decide what I'm going to work on. I decide where my priorities are. I decide what's important for me to post on, how many times I'm post every single every single decision that I make I make on my own volition um and so that's kind of uh it's kind of the feeling I wake up with is is almost like I'm a you know entrepreneur in
Starting point is 00:29:32 the sense of growing uh my own brand and um so when I'm making these decisions you just talk about what am I gonna you know what are you gonna work on and what I'm gonna do or how do these videos come to light a lot of them are just like you know they they just fit in with what i'm trying to at the moment like my almost sounds corny it's not really how i think but like a business initiative like what am i trying to do right now and then it's like okay what is the content that aligns with that yeah it makes a lot of sense how has that changed in terms of quarantine obviously people were just sitting at home um how did that affect you as you made some of the content? I went back to North Carolina. I saw everything was getting bad in New York. I
Starting point is 00:30:15 kind of saw the writing on the wall. So there was like this weird text that was going around. I think you probably got it like a couple of times. It was like, it was about some dude had like an uncle who sat in on a lunch where Cuomo was at and they were talking about shutting down the bridges and tunnels. Yeah, I got it. Yeah. So I got that text like six times and I was like, all right well i'm getting out of here and so i rented a car for a week in advance i was like if this everything keeps progressing at the rate it's progressing a week from now i'm gonna be wanting to get out of here and i'm worried all the cars are gonna get rented up so i rented a car for a week in advance and sure enough a week later they didn't shut down the bridges and tunnels
Starting point is 00:30:55 but it was getting getting worse and so i just took that car and i drove to north carolina and uh then i got to north carolina and all my neighbors saw me and they're like So I was with my parents again, and they were like, wait, don't you live in New York City? Because this was like the worst thing in the world to have someone from New York City come to your neighborhood. But so anyways, I was back in North Carolina, and I did what I could. I picked up golf, which is like now that's pretty much exclusively what I'm doing is golf. I see the Strokes hat on, and there's a lot of people asking if you're going to join the PGA. Yeah, that's my goal.
Starting point is 00:31:28 So what happened to me is I went back home to North Carolina. of obviously the one of the only things to do right now is play golf I'm hanging out with some of my boys we're actually in Chapel Hill and uh and every time my whole life people ask me if I want to play golf I always say I never played before and I don't want to hold you guys up you know I'm saying like I don't want to I don't want to go out there and then it's my first time you guys know how to play I'm spraying balls everywhere I don't know the rules and then all of a sudden your whole golf experience is about helping me learn how to play so every time i've been asked my whole life i've been like thanks but no thanks i don't want to ruin your time
Starting point is 00:32:07 so i said this this time but these are like my best friends and they're like dude come on like shut up let's you can drink some beers and we'll come and let's play golf first time ever playing and i immediately fell in love with it i was like dude this is the best sport ever this is the best sport of all time you're outside you're with your friends it's not super physically demanding although i have got hurt multiple times since i started playing um you can take it as seriously as you want to take it it's just uh it's just a beautiful game it's mental i mean i was like oh this is my calling in life and i'm 27 but i just figured out that this is actually what i'm supposed to do with my life is be a golfer and so on that day that very day my first time ever playing and
Starting point is 00:32:56 it wasn't good i wasn't like oh you're a natural nothing like that i just fell in love with it and i said my calling in life is to be on the golf course every day and to be and the way that you do that is either you know bitcoin goes to 45 trillion i can do whatever i want or you become a professional golfer so i said okay i'm going to become a professional golfer because that is my calling it's a gut feeling i'm 27 i know i have uphill battle but i'm going to be 10 years from now on the pga tour and that's what i and i made that decision i put that announcement out that probably two months ago and since then that's uh what i've been working on almost exclusively is to go to pga tour so when you're in north carolina uh it's much easier there's golf courses everywhere
Starting point is 00:33:49 and uh you can just get your car drive there in new york city there's not exactly a lot of golf courses everywhere so how do you continue that journey to the pga tour in new york city well dude i kept getting hurt at the beginning so how do you get hurt playing you got to explain for those that don't know how do you get hurt playing i don't know i mean that's what i said too i was when you think about golf especially coming from like football background you think about it's just like a leisurely easy game that old men play so i trust me i was more surprised than anybody but uh i hadn't been doing anything i would just i was in in content creator shape i wasn't playing sports i wouldn't do anything so you go out there it's a pretty athletic movement
Starting point is 00:34:31 if you want to want to do it right or i you know i wasn't even doing it right i was trying to but a swing of a golf club is a lot of like uh you know stability in your core a lot of hips and if you don't have those muscles ready um you you'll find out you'll get pretty sore and you might even get hurt but here's the real issue once i decide to go pro and people listening to this are like is he serious does he really think he can go pro he can't go pro the answer is yeah I am being serious so whenever I you know we can talk more about why I'm serious if you want but when I first started I was like okay so I know this is going to take this is going to take work it doesn't just happen so I immediately after starting playing one day I think I started
Starting point is 00:35:18 on like a Saturday and on Monday I was like okay let's start the golf career and so I think I was putting in like six to eight hours of golf a day um and that and so basically i went from zero to 100 and so that's how i got hurt it wasn't necessarily just like 18 holes with my buddies like i was like playing way too much my body was not even close to being ready and i just hit the accelerator too fast and so then i really did i ended up uh pulling a muscle in my back i had some really bad tendonitis in my knees and then to top it all off dude one night i was i came home from one of these golf trips and my mom because i was staying at my parents house from for coronavirus she made my she like changed the sheets while i was out so you know and that's
Starting point is 00:36:08 a good mom move and i'm not hating on my mom i'm very appreciative of my mom she changed my sheets they needed to be changed i appreciate that i'm a grown man i can handle my own but she would do me a favor so i go in and she she put clean sheets down the bed so i go in to get in bed that night and i took a melatonin right before i went to bed because i was like you know i'm trying to get some sleep fast i get in the bed she tucked the sheets so tight under the bottom of the bed like you ever been to a hotel and the and the sheets are super tight at the bottom of the bed yeah you're doing like uh you're like fighting with the sheets to get them untucked it was i don't know if it if the blanket was too long if she was too long it was almost like she tucked it all the way in from
Starting point is 00:36:52 the bottom of the bed and then all the way back all the way to the top i couldn't get these things out so eventually i just went to sleep and my toes were cranked back literally like this they were cranked under the sheets and all night they were cranked but the melatonin i just i just i passed out i wake up in the middle of night in excruciating pain i got turf tow from my mom and i'm not kidding i got actual turf tow because my my thing was pulled back for so long and so i had to deal with turf tow i mean it's just been a myriad of terrible issues so and it when you reach the pga tour no one's going to be able to say it wasn't a it wasn't a journey you that you didn't work hard for this no one no one's going to be able to say that it's going to be a modern
Starting point is 00:37:41 miracle if i can even so i haven't swang a golf club in over a month so what are you going to do in new york so i'm back here now um and i have a plan to there's there's a course a nine hole course in new jersey it's like 25 minutes from me that i've worked it out with them that they're going to let me come out there and my my plan is every day i'm gonna go out in the morning i'm gonna play my you know 9 18 holes of on course experience i'll go in i do a radio show every day at one o'clock the yak on sirius xm uh for barstool um with a bunch of other great guys and then after that there's another place called golf and body and it is a uh it's a membership only club in new york city it's very nice very like luxurious they they reached out to me um
Starting point is 00:38:34 and they you know they worked it out for me because i can't pay it it's a very expensive place so i can't personally front the bill so they're letting me get in kind of uh you know just out of good faith i guess oh and they're just being nice guys so they're letting me go there for free um but when you make it to the pga tour they're gonna be able to say yeah they're gonna say hey we raised they said that's what they said i said hey man so part of my like you know i told you i'm like my own boss whatever uh you know part of my thing with barstool is that um they i can't advertise i can't just like advertise for whoever so i told golf and body i was like i can't like advertise for you guys they're like no all we want is
Starting point is 00:39:21 whenever you go pro just say that you came to golf and body i was like done so anyways and afternoon i'll go there and they have everything they have hitting bays they have like pga professional instructors they have uh putting greens they have a workout facility that hopefully whenever the gyms open back up i can utilize um and they have locker rooms everything so it's like a full indoor golf place it's honestly not ideal for someone who's trying to go pro because you really want to be out on the course and and but for new york city it's the best possible way to continue to be good at golf especially during the winter which you know is i'm not going to be outside here so i have eight hours a day i could think i could put into golf all right so there's
Starting point is 00:40:02 a lot of people who watch this and say uh caleb is always joking around but i think he's serious and the question then is why is he serious about this so dude it's really like my whole life i'm still new i gotta figure out a better way to answer this question because i'm being asked a lot I haven't nailed my answer, but really the truth is that when I play golf that day, and this sounds maybe stupid, but I play golf that day and I was thinking about it. I had this like emotional, physical, when I had the, it was like this idea was like, I should go pro. I should like do this with my life. And then all of a sudden, like all of these mechanisms inside me and my brain starts churning and then everything was like it just made sense it was like a gut feeling it was a literal
Starting point is 00:40:54 gut feeling and then you know thinking about it and all of a sudden the ideas start flowing you know if you ever had a you know an idea and then all of a sudden you might be driving the car and you have an idea whether it's about your work or whatever and then all of a sudden that idea and you're like oh my god this is great and then i could do this and i could do this and so i had that with golf it was like a gut feeling that was like yo this is it makes sense because i love being obviously have athletic background i love the athletic part of it i love the competition part of it i love the camaraderie part of it i love um the fact that it's outside it's it's very like you feel like you're kind of in nature even though you're not
Starting point is 00:41:36 which is perfect for me because i in theory like nature but then when i'm actually like back in North Carolina we go like hiking and stuff I'm like just say it like there's like too many bugs out here you know so golf is like the perfect balance of nature for me you get off your phone which is a big thing for me because I'm always on my phone for work so to be able to get off the phone so just lifestyle wise it works for me and then I was like I can do this for my work like I'm a I'm a content creator there's a there's a lot of golf space to be had for making content I can do this and still do a good job at my work for Barstool. And this is something where, you know, I can basically continue on the path I'm on, but
Starting point is 00:42:19 also start a new journey. I'm like, yo, I'm 27. This might take me 10, say it takes me 20 years. Maybe tell me it takes 23 years. I think at 50, you can play on a senior tour. Say I don't get on any tours until I'm a senior. you know I know 50 year olds like they're relatively still young especially ones who are like going for their dreams and like doing stuff like it seems at 27 thinking about being
Starting point is 00:42:47 50 seems so far off but then I know these 50 year olds who are like totally young and totally like going for it and in good shape I'm like don't I what I want to do at 47 do I still want to be going to college campuses and like I mean these videos are good but I am going to get aged out of some of it isn't it good to be like uh on the PGA tour or on a senior tour at 50 like isn't that a good lifestyle that I could be working towards while maintaining my goals here and and I think also came back to just my innate um what I'm good at and I think that's something I've really been focusing on a lot recently is trying to just focus in on things that i'm really good at um and put my attention there because i know that from my experience you know what i what i put
Starting point is 00:43:38 my attention on i get better at and what i focus on is improves but you know i've also put my attention and focused on things that i'm not inherently good at or i'm not naturally uh great at. And so then I watch those things go from bad to average, and I'm not really seeing a huge value add to my life. One thing that I don't think I'm that good at that I do every day is radio. I do it every day. And I wouldn't do it, but I like the guys so much on the show that I do it. It's like Big Cat and Roan and KB, Nick and Brandon Walker, the guys. And it's just like a good group of guys that I feel like I'm hanging out with my friends. Why do you feel like you're not good at it? it's just not natural to me um you know i'm not like a natural i'm not like a take artist you
Starting point is 00:44:24 know like people who are are like they can just give you like a fire take about anything just right off the top of their head it's just not my it's not my thing and it's just not i know that about myself i'm more like i like to like think of like i don't want to say bigger ideas but like you know something that might take a little bit more time or like a video idea that's that's kind of more like convoluted and has more layers to it that's that's what i'm good at so anyways long-winded way of saying i do that just because i love the guys and they're part of my and they're just like my friends um but anything else that i do and i'm putting my attention on i'm really trying to make sure that i'm i have a chance of being like the best at it or like one of the best
Starting point is 00:45:05 at it and that goes for videos uh that i'm making but also for golf that's my it's my personality It's like it's a kind of like a thinking game. It is some athleticism. I'm not like the most I play college football, but I'm not really like the most athletic guy of all time. I'm just have like enough athleticism. The thing that got me far in football was the mental side of the game. And I was a hard worker. I was really good at the mental side of the game and I was a really hard worker. I see those qualities. I'm above the threshold for golf, so I'm not I'm athletic enough to be an elite player. But, you know, I'm not super athletic. And then the mental side, though, I think I could really thrive. And I think I could really thrive in the hardworking side, which I know I'm a hard worker. So anyways, it aligns for me with what I'm inherently good at. And I want to start doing things that are sustainable, one, but also two, that I can, if I do put my attention and my focus on it, then I can really become really good at it. You know what I'm saying? so before we talk about bitcoin where are we starting on the golf side like what are you
Starting point is 00:46:13 shooting when you go for 18 holes right now and then what do we got to get one so 21 here's my hat right here 51 strokes i have to lose 51 strokes to be a scratch player uh that's what the 51 strokes is all about so my goal uh what is june 18th next year i want to be scratch Now, I didn't foresee being sidelined for two months of that 12 months with injuries. So maybe that's going to be hard. It was going to be hard to begin with. But I said, if I can't get to scratch in one year, I mean, this is a far off goal. I'm not an idiot.
Starting point is 00:46:51 I know what it is. To be in the PGA, that's tough. So if I can't show some type of inherent ability to play and hard work that it takes and skill level to get to scratch in a year which is almost impossible but you got to remember I'm playing a lot then maybe this ain't I ain't cut out for golf as much I thought I was so that was my goal I do need to uh get back playing maybe I'll get myself like a breakfast ball on one or two months but um 121 is my score I my goal is to be at at uh I want to be a scratch player by June 18th 2021 and then four years after that I want to be on some type of tour and then I'm going to give
Starting point is 00:47:36 myself uh five years from there to go be on the PGA tour that puts me at a PGA player at 37 years old which is possible there are plenty of 37 and up players on the PGA tour so uh what's the best score you've shot so far 121 okay so 121 is the best and now we gotta go through time I've ever kept score oh okay all right all right that's fair look hey keep in mind i'm new dude i've only kept score uh because i'm so bad that when i go out and play i'm not keeping score because it hurts my morale so i'm gonna give you uh you're you're a better man than me because the only golf where i've ever kept score is like actually tried to keep scores we used to play something called speed golf which everyone plays normal golf they count the number of strokes right and so you know part
Starting point is 00:48:23 three whatever what we did a couple of times in in high school is we play speed golf which is when you tee off from the tee box the timer starts and you can run all over the course do whatever it doesn't matter how many strokes it's how long does it take from when you tee off to you put the ball in but the only difference or the only caveat to that is when you tee off you've got to finish a beer before you put the ball in so every hole is one beer and it's timed rather than strokes yeah absolute madness by about like you know hole six or seven we used to go to like a you know one of these like executive par three courses that's like you know nine holes or whatever complete madness by the time you get about halfway through
Starting point is 00:49:04 yeah the golfing is also like it's an easy way to get carried away with the drinking it's very you find it easy way we played so the weekend i hurt my back we were in pinehurst uh we have some some golf stuff going on barstool classic is at pinehurst so i was there and over the course of the weekend i get in on friday and we played uh i played 36 holes on friday i got in my first tee time was at one right played at 18 uh at one and then we got finished around five or something and we're walking back off the course and we're like dude we really want to play again found some random dudes that we had never met like you guys want if i can get us a tee time because pinehurst was like helping us out it's like you guys would play with us played 36 on
Starting point is 00:49:51 friday the next day i played 45 on saturday and the point here is at the 45 holes you can imagine the drinking it gets intense and then um and i think we played whatever the remainder is played 97 holes for the whole weekend and dude i don't know if my body hurt more or my brain dude from it's easy way to get carried away i think that's why a lot of guys like i think 50 percent of golfers are actually they just like drinking for sure absolutely um all right talk to me about bitcoin uh and the context here is uh marty bent which many people in the bitcoin community will know uh used to work at barstool and he red pilled a good number of people at barstool you were one of them so tell us kind of like what was the first time you ever heard of bitcoin
Starting point is 00:50:38 what were those conversations like marty uh like as well well first of all you're the first person to ever say tell me what you think about bitcoin because i'm used to people saying caleb shut up about bitcoin caleb shut up we don't care we get it we know um so marty was hired at barstool we called him i know him as bitcoin marty you know him as marcus dent i know him as bitcoin marty bitcoin marty got hired at barstool literally as he had like some type of fake job that we were paying him for on paper his job was the crypto guy because dave was getting into crypto and we had another guy named light switch lou who's also he's also doesn't work at barstool anymore who's the one who knew marty and brought him in he was in crypto and then at barstool marty got me in the
Starting point is 00:51:29 crypto maybe a few other guys um and i had like the most classic story getting into bitcoin because because marty comes along i meet him like what's this guy's deal that this is bitcoin marty well what's bitcoin he starts doing telling me about bitcoin i'm like all right i'll throw a few bucks at it cool well then it was what 2017 in the fall and so i throw like whatever 100 bucks at bitcoin all of a sudden 100 bucks is you know 150 bucks pretty quick like within a couple like a week or something. It was like right when it was going off. So I was like, Oh, this is like, I got to get on this train now. Like this is, this train is leaving the station and I had to put everything I own into Bitcoin. So this is my personality. You can already tell by going all the way and gone.
Starting point is 00:52:19 I think all my money to have all of it, here's all the money I have. And I put it on the, I put it in Bitcoin, every single dollar that I had to my name. I wasn't tied up in something else. Well, then Bitcoin starts kind of slowing down right it didn't crash but it was like slowing down I'm not talking about over the course of months I mean like a couple days it was slowing down and I wasn't getting that that that hit I was like the hit of adrenaline when it was going up I was like watching coinmarketcap.com and all of a sudden I'm seeing Bitcoin you know plus 0.04 for a growth and then i'm seeing all these other coins go 32 25 whatever so i and i asked marty i say bitcoin marty what's the deal with these other coins why why are they going up so much are they
Starting point is 00:53:06 going to be the big ones and i don't know at this point he's giving me the speech about what cryptocurrency is what blockchain blockchain technology is what a decentralized currency could mean for humanity and all at this point i'm thinking about is the green plus however much percent and he says caleb dude do not go into these altcoins he's like if i can give you any piece of advice it would be hold your bitcoin do not go into these altcoins if you want to go into the altcoins this monero might have some value because it's you know of its secret nature and it's still you know whatever he's like but i wouldn't even he's like if you want to put some money in that okay if you want to diversify but he's like i'm telling you man these alt coins
Starting point is 00:53:52 ain't where it's at so it's all right bitcoin marty i said you've got me far enough i'll i'm done taking your advice so you got me to bitcoin i i've used you and your brain i'm the kale's brain's taking over now so i put all the money that was in bitcoin move it to the alt coins right and i'm not talking about like the alt coins that are uh at first it was like ripple in ethereum well then those get born you know and then you see the ones that are hitting 300 so before you know it i get carried away i got all my money's tied up in these random and i've got the ones that you have to get a download like software onto your computer just so you can get on to the uh the exchange where they hold this coin i was in some i was it was like q cash
Starting point is 00:54:42 something that was in china and it was like you had to download their service thing was called like liquid it has since like went out of business and they like they sent an email like if you had money here sorry you can no longer access it anyways all you need to know is that i've moved my money over here bitcoin tanks obviously the altcoins tank even worse i lost everything i lost every dollar of everything that i had boom poof out the window cryptocurrency and that's how i got into bitcoin all right you're still here though so explain what happens after you lose everything i lose everything and i have to laugh at myself because i'm like i'm an idiot proven time and time again idiot um never cease to amaze myself idiot then it goes on bitcoin kind
Starting point is 00:55:37 uh goes down i can't remember what it was at at the time i want to say it was like 4 000 or something low and uh and so and and bitcoin marty you know he's popular at barstool whenever uh bitcoin's going up because i think dave had bought some big cat bought some but then bitcoin crashes you know i don't think anyone's gonna say it to his face but you know you kind of have a little bit of like you know this guy got everyone on bitcoin we all lost all our money um and anyway he ended up leaving he's in and but i love marty so and it was that he wasn't fired because of bitcoin i came i think he left on his own volition i think he took another job but everyone it was like freaking bitcoin marty lost us all this money so probably a year later i was like or maybe even
Starting point is 00:56:22 six months later it's like let's go get a beer and let's hang out because i haven't seen you i miss you so we're talking i'm like so what's going on with bitcoin dude like tell me what you think now and he just really he talked to me about one how he had always felt the same thing about it his thoughts hadn't changed but then he's really talking to me about some of the deeper issues with bitcoin and and some of the what he believes is are you know some of the progress is like society could make from from adopting bitcoin and he gave me some kind of materials I can look at and look more into. And for the first time ever, he told me about kind of the stages of currency that the United States has went through
Starting point is 00:57:09 over the years and how basically right now we're not backed up by anything. And he really kind of like put some real thoughts in my mind that were outside of the, just the numbers going up. And so, and he kind of gave me some stuff to look at. So I go and I look at it i'm doing more research and so i start buying in a little bit you know at low and i'm like you know i kind of do still think this is this it is something um and then i kind of just slowly getting in i'm kind of watching it go up and then i'm really thinking more about it and i don't have and i know your show this is why i'm a fan of your show is you have experts come on and they have so much extensive knowledge of the uh what's what's happening that's not me but i do think i
Starting point is 00:57:51 have a little bit of knowledge about or at least i have a feel it's more of a feel thing of what's popular and trends and things that are uh that have legs you know with what's coming up whether it's like we get on we got on tick tock really early not really really early but like once we saw it we were on tick tock uh and i say we me and another guy who i do a thinker account with or a daily fact account or something like tiktok or even like a new band you know you see something like this has legs something about it is exciting and it's and it and it makes sense on a lot of levels and i could see this being big um that's kind of how i felt about bitcoin still and i still do to this day and it's the main reason why i'm in it is because i look at bitcoin and i say
Starting point is 00:58:38 you know there's obviously some issues here uh it's obviously very speculative but when you look at the next generation of kids i have a 10 year old 10 years younger than me brother and his world is so different than mine with technology and you know all their relationships my little brother's really good about it getting with his friends being with him on a personal level but i see his friends too it's all phone everything's phone and i'm kind of in the generation where or my age group is it's a lot of phone but there's also a lot of personal interaction. 10 years younger than me, it's almost 90% phone. It's they talk to each other or Snapchat in the same room, or everything that's happening is digital. 10 years younger
Starting point is 00:59:23 than that. I mean, they have no chance of human to human interaction, how we used to do it. So I'm thinking about, all right, these kids, are they going to think about when they think about money, or they think about an asset, like, I personally, and I don't know, up from down, so don't take my word for it. I'm just telling you what I think. I kind of think of Bitcoin has more legs as an asset than it does as a currency. Just for the reason that if I told my little brother about the value of gold, it would be the actual gold. It's hard to get. It's like, what do you get a gold bar? It doesn't really make sense. It's not like Apple. It's not intuitive. It's like you have to do more explaining to explain to someone, this is gold. This is how
Starting point is 01:00:08 you get it this is why it's valuable then you would have to do for bitcoin and pretty much at the end of the day you're coming back to the same argument of why is why is gold valuable if i really had to explain to my little brother or someone who's younger than him i would eventually have to say well it's basically just valuable because everyone else says it is you know that's the same thing for bitcoin because there is no inherent value of you know holding a bar or it's i think it just for people who are in the digital age whereas people now and older than me probably think about well it's just digital so it's really not there it's if it's ethereal it's in the floating in the air you know it doesn't make sense it's not it's not real it's not grounded
Starting point is 01:00:54 in real life my take is that life grounded in real life is disappearing very quickly and i think 10 years from now, 15 years from now, the amount of life that's happening as we understand it in actual, you know, it's not that there's a digital world over here on the right. And then everything that is in the digital world is just a reflection of what's happening in our actual reality. I think that the reality of what's actually happening, what actually matters is going to be almost entirely in the digital world. For example, right now you look at like a Twitter. Twitter is a social media that you kind of report. You report back on your thoughts about what's happening in our material world or in our reality. But then you look at something like, which I think Twitter's
Starting point is 01:01:46 on the way out. I do. I hate Twitter. It's getting so terrible. I get on it because of work. If it wasn't for work, I wouldn't even be on Twitter. But TikTok, you know, I don't know where it's heading it looks like it's kind of well with president trump right now but tiktok it's not a reflection of what's going on in the real world it is its own world tiktok is its own entire world similar to youtube youtube is you go into youtube and it's like that is its own reality it's not a report back necessarily on what's happening in the real world so i'm just thinking about the future i see it as that we're going to be living inside the youtube and the tiktoks and just the internet sphere that is going to be the basis of our reality and it makes so much more
Starting point is 01:02:38 sense intuitively to have something that's a store of value like bitcoin that exists and and works with that world opposed to a gold that you know i'm not saying gold's not gonna be valuable but uh you know it just doesn't make quite as much i guess intuitive sense uh that's kind of my it's almost yeah it's almost like um it's really interesting to hear you say this because you're the first person i've heard articulate it this way but i think you're dead on in that uh there's an entire generation of people that their default for value is in the analog world right so kind of this idea like the digital world isn't valuable it's not real like you kids are crazy but when you flip around to the youngest generations the default is all of
Starting point is 01:03:24 the values in the digital world and so i joke all the time you know you said that's so much better than i did no no listen but i think that you know the best example is like how many people see when it comes to work like somebody like wants them to print out a piece of paper sign it and then like fax it or copy it back right i think there's a whole generation of people like that's stupid. Just send it to me digitally. It's such a better process. And so that mentality is going to permeate into even assets and things like that. And also, what's the difference between buying a stock on an app on your phone versus buying some other asset? The experience is very similar. And yes, the asset itself is different. But I think that there's an entire generation of people that
Starting point is 01:04:12 growing up where maybe your dad or my dad or somebody else would call like a broker and be like, hey, can you buy XYZ asset for me? And it was a relationship where you were talking to a human in order to get access to something. Now, I don't need to talk to anybody, right? I literally just go right into the phone and I can do all kinds of things, including send you money. I can buy things. I can do all of this, never leave my couch, not have to talk to anybody. And so So naturally, the assets, I think, that interface with that are going to be attractive, right? Because it's just a different way of growing up from a technology standpoint. 100%.
Starting point is 01:04:50 You said it 10 times better than I said it, but it really is. The world is shifting to where the most value, whether it's an asset or it's a financial value, but I think it's kind of unfortunate because I don't necessarily know that it's right Or I don't necessarily know that it's good. But I think that just if you look at where things are trending, people are putting more and more value of what they think about themselves. Self-value is starting to align with the analog world. And value of what is important in life is like, what should I do today? Well, it's not necessarily, I think it's trending about what I should do today and what that's going to, the value of my day's time, my time, the value of my time is starting to go analog world. So it's like all value is trending in that direction. So it only makes sense that, you know, a store of value would also live in that world. And I, like I said, I don't necessarily think that that's a good thing, but I do think that's where things are trending.
Starting point is 01:05:57 Yeah. And I think the part that that's really interesting, too, is if you go back, obviously, there's now the the infamous video that Dave made about Bitcoin in 2017. Right. So good. Still plays. And like the part about it is he's just so honest. He's got to know what bitcoins are like. I don't know. And you can tell that whether it's Marty or somebody else has told him enough where he's got kind of pieces of it. Right. But then he's talking about like, I don't know, somebody's just got a computer and they're just mining the bitcoins. And then, you know, they just keep doing this. And what you start to realize is like, ultimately, what's driving his interest at that exact moment is like, the price is going up. And I think even he says something like, you know, everyone's getting rich, but I'm not going to stand by and let everyone else get rich. but now all of a sudden as price moves people become interested and then some portion of those people get educated right and like you pretty much outlined a perfect example where uh you're staring at a screen and when things are going up 30 40 50 you know 300 percent or whatever
Starting point is 01:06:56 there's just a certain portion of the population that looks it's like hey i'm not going to stand by but then once you actually understand what are these things and kind of what is the value then it's like oh you know what this makes a lot of sense right and then they kind of then then they're converted um in terms of that thought process and they stick around and so i think that like that just is a natural market cycle and and the price movements are the reason why people come in right and whether that's good or not it's just a fact of life um and ends up being uh being valuable i think in the in the long run yeah the volatility is like the best pr team ever it really is. I mean, even if it's going down, if it's a huge crash, it's like, you know, it's great PR
Starting point is 01:07:37 for Bitcoin. I 100% agree with you. Let me ask this. In terms of when you think of investing, obviously the Bitcoin story you told us, what else do you do? Do you think about stocks or cash or real estate? Like how do you think about investing in general? And really from the perspective of, I'm only a couple of years older than you, I think a lot of people would look at um kind of these content creators whether they work at barstool or elsewhere and they kind of just write everyone off like oh these millennial kids they don't know what they're doing you know of course they're just buying bitcoin and tesla right it's kind of like that the joke in in the circles of older folks how do you think about investing and for saving and kind of like what
Starting point is 01:08:20 do you do um yeah so i can tell you i can't tell you what's the best thing to do but i can tell you what i do um because i don't know what's probably the smartest thing to do what i what i do is you know i i'm involved in my work uh 401k i don't want to be it's the one thing i make i like make myself do and i i do an ira too so it's like i don't want to be i actually didn't do it for a couple years even though it was available to me uh which is probably dumb but because i just feel like I hate, I hate giving that up, uh, that money. And then that investment that seems so like with the world we're living in and how fast things are going, it seems like, I'm like, there's no chance that this is going to be worth it, but I do it as like, that's my safe play.
Starting point is 01:09:06 That's like my, all right, you're doing this because you, you're doing something in life. That's safe. Um, so I do do that. Uh, I do hold Bitcoin and, uh, and then, Uh, I am, the next thing I want to do is I do want to, uh, buy something, you know, whether it's land or, uh, uh, you know, a house and not, not a house to, to live in, but, um, you know, whether it's, I know some, I have some friends who are like starting getting to like owning properties, renting out properties. It's something I'm interested in. I'm reading about right now.
Starting point is 01:09:39 I don't know enough about it to guarantee. I'm just looking at my books down here, but, um, I'm reading about right now, trying to learn more about it. But the number one thing that I invest in and, uh, is, is literally, uh, I put back into myself and just, just in terms of, uh, you know, what foods I'm eating, um, you know, what I'm willing to pay for, for, you know, physical training, or if it's, you know, mental or a class or, um, that's where, and I'm not saying like, that's how I'm thinking about it.
Starting point is 01:10:13 if you really look on paper, where does my money go? It really does go towards things that you could consider an investment, quote unquote, just back into myself, um, hoping that, you know, that I'm going to become a better person and I'm going to become a little bit more equipped to deal with the circumstances of where you really make money, which is, um, you know, in everyday decisions and you know for me in my profession like creatively like you can't conjure up a creative idea it's it's not how it works so you really just have to what i've learned is you really have to put yourself in the best position and if it does happen that you're you did your part you can only do so much you can't force a creative idea a good one uh you really just and
Starting point is 01:11:03 for me, that just means, you know, it's, it's eating healthy. It's getting good sleep. It's exercising. It's just doing the stuff. Everyone knows meditating. Um, it's just, it's stuff that everyone knows, but no one wants to do. Um, and, and that stuff does cost money if you want to do it right. So for sure. So that's, that's honestly, if you just look at like where I'm investing, that's where, uh, my, my actual, the most money goes is, is that kind of stuff. And then, you know i do like i got in on robin hood when the stock market crashed for coronavirus i'm pretty much out uh because um i don't like it makes me nervous like what's going on in stock once it started i made a ton of money because i just because of my timing not because i'm smart
Starting point is 01:11:47 but obviously it crashed i went in i made a lot of money because it's rebounded so quickly i got out pretty much uh whenever it stopped making sense why things were going up i didn't like that obviously dave's still crushing um or he says he is i don't know um and then but i'm out of that i still have and of course you know i'm i like pin the company that owns us like i'm um i'm in pin so that that type of thing but really um the most of my investment is is in trying to because i think i'm going to personally make more money wise i'm going to make more money from like doing a really good job at barstool then i'm probably gonna make from hitting some stock or something like that if i can really do i mean people saw the caller daddy saga if people
Starting point is 01:12:38 remember that and they were like astounded with what these girls are making you know i'm not making that type of money but uh it's possible and dave's the type of guy who would be more than happy to pay me a million like these guys would be more than happy to pay you whatever you're worth It's not like they're trying to rip you off. So if I can make myself valuable and I can do a really good job for them, then I'll get paid. And I'm going to make more from that than I'm ever going to make from, I would say Tesla, but Tesla is going up pretty good. I love it. And it makes sense, right?
Starting point is 01:13:15 If you can increase your earning power, that is probably the number one lever you can pull, right? And so it's actually, uh, incredibly intelligent in terms of kind of what you do for a living. And if you can improve that, um, I think it ends up being a very smart, uh, investment. Uh, before I wrap up, I asked everyone the same two questions. Uh, the first is what's the most important book you've ever read? Whoa. Um, I would say the most, the most, the one that had the biggest impact on me probably was the book about Steve Jobs
Starting point is 01:13:53 by Walter Isaacson because it's a great book and because Steve Jobs was so fascinating and just how he lived his life and it was just that part of it and also hit me at a time in my life where I was in college and it was towards the end of my college run
Starting point is 01:14:14 and I'm making a lot of decisions And you're kind of I was kind of in that point of my life where it's one of the many points of your life, I guess, where you're kind of you're very open and receptive to some like a book or where a book can really can change your life. It's like when you're in like middle school, a song can really change your life. You know, you really start living by that Justin Timberlake song or whatever, you know, that's that becomes your mantra. Well, then when you're in college, a book can really change your life. So I would say I've read a lot of books that I love, but I would say that that one really changed my perspective in a lot of ways about how I was approaching life just because probably at what point I read it. Love that answer. One more question, then you get to ask me when to finish up, but this one's more fun. Aliens, believer or non-believer? Well, I don't think you have a choice anymore. You might want to change that question.
Starting point is 01:15:07 Why? I mean they're proven real it's like uh they're basically here right they basically showed up already they've been here yeah it's like old news it's like no one even cares it's like that that's hilarious uh yeah I'm definitely in on aliens I've been in first of all I've been in on aliens before um before it was popular but now if you're not in on aliens you're kind of like you know i i my parents are like uh just to use them as an example i don't think they were in on aliens at all but now i think that they're in on aliens because i think you have it's like no we we've discovered spaceships and also here's a video of them it's like it's almost like the
Starting point is 01:15:51 people who are into aliens before they were the conspiracy theorists but now if you're not into aliens you're a conspiracy theorist right it's like switched it's it's very tough it's like uh yeah one of the things i kind of always tell i think about too is like people who like are like don't believe in evolution right it's like for me that's it's pretty proven it's like i think i've read something it's like evolution is just as proven as that h2o is water you know if you it's like are you going to believe you if you're going to believe h2o is water then it's like just as proven that evolution happened but there are still and i'm from the south and i guess you are too you know it's still not super popular it wasn't even taught to me in school growing up
Starting point is 01:16:33 the first time i even heard about evolution was in college right i was studying abroad in edinburgh scotland and they and that's like where charles darwin's from and all and uh and i was like oh like i never heard about this evolution i learned it when i was 21 years old so anyways uh the aliens are kind of same deal it's turning out to be it's like no they're here they've been here they might be among us now but we don't really you know we don't talk about it because it's scary here's this video no problem yeah right it's obviously yes of course the aliens what one question you got for me to finish up okay okay well first of all if we're gonna flip the
Starting point is 01:17:16 tables I'll say that I'm a big fan of yours I told and that's how I end up doing this it's not because I think you were so interested in my Bitcoin takes but I actually reached out to you and said hey man I'm a big fan because I i just i hate twitter i told you that and uh it just because it's it's just not becoming enjoyable now it's like it's i don't even need to explain people who are on twitter know what it's like but there are a few people a few people who i enjoy their tweets i really get enjoyment and they're from different worlds or different things dave my boss is one of them i always will look and see what he's tweeting about he's always cracks me up uh and then you're another one just because
Starting point is 01:17:53 you know for me the bitcoin world i know you live in it it's so far removed from me um and so i like to see what you got going on what i love whenever you do the uh the the bull run tweet the bull run tweet my favorite tweet on it on the internet so um yeah so i'm a huge fan of yours so i'll butter you up with that and i'll ask you this um what do you think is the biggest obstacle in the way of bitcoin uh becoming something that is more uh for the adoption of bitcoin just time i think it's one of these things where uh in my mind it's inevitable right for a lot of reasons you described earlier uh and i think ultimately there's like this global game theory going on where government's just going to print so much money and there's going to be so
Starting point is 01:18:44 many manipulated economies and currencies that eventually people are just going to start opting into something that can't be manipulated. I don't know how long that takes. It's not going to happen tomorrow, but it could be 10 years away, 20 years away, whatever it is. But I think that we've got to remember kind of the rise of currencies or assets in general take a long time, right? And Bitcoin's got not only the time obstacle, but it also needs time for people to build the infrastructure and kind of all the things necessary to make it easier, right? so um you can't send bitcoin back and forth between these you know random string of letters and numbers and people's hearts are like jumping out of their skin because they're scared they're
Starting point is 01:19:22 going to send it to the wrong person right you just got like all this stuff's got to improve and so it just takes time um which for humans i think we hate that answer because like we want to know like what could we do uh but ultimately it's just like we just got to keep doing what we're doing and be patient um and you know look bitcoin went from you know a third of a cent to set like $11,000 right now. Like that's insane over, you know, 10, 11 years. But I think that that's just getting started, right? And it's kind of like if you went
Starting point is 01:19:52 and you looked at the internet in the early 90s, you're like, wow, I could send a message to somebody. And now you look and like you and I live, you know, 90% of our life on our phones, on the internet, you know, talking to people and doing all kinds of crazy stuff. Like I think Bitcoin is very similar. You don't think that,
Starting point is 01:20:07 uh maybe my biggest worry is is i know the government can control it um but you know i think governments could come together and really hurt the value don't you think i think that uh there's probably less likelihood that they'll coordinate but i definitely think that there will be unilateral actions so like the united states could ban ownership or another country could ban ownership or something like that they did it to gold before right so it's definitely an option. The only difference here, I think, is if a country, especially like a global superpower, did that. So I use the example of the United States bans ownership. I think that Russia and China and these other people who don't necessarily like the US dollar system would immediately get
Starting point is 01:20:52 together and be like, hey, let's adopt the thing that the US isn't going to use. And then we can basically break the world off onto this new system. And the US will be at a disadvantage. so i do think that there's like some game theory that plays out of just like the first countries to adopt it end up having an advantage and then the first companies to like ban it end up being at a complete disadvantage and so uh what everyone seems to be doing is like um nobody wants to take like be the first to move right so it's kind of like everyone's like standing in like the okay corral at high noon you know guns are at their hip they haven't drawn them yet but like the second one person starts shooting everyone's going to start shooting and so it's like this weird thing
Starting point is 01:21:33 where we're just kind of like waiting to see who's the first to make a move right can i ask you one more i know i only get one question but i have one more question for you because i asked this to bitcoin marty and i wasn't happy with his answer all right not that he answered it but i was like i he didn't convince me right okay this is my other so from my perspective my idiot perspective about bitcoin my two uh worries about it are one i worry about you know i don't think that the banks and government is they're cool with it now where it's at now but if it gets big i don't think they're going to be cool with it and then my other worry is this and let's see if i can do a better job of explaining this thought so if bitcoin comes out and it's completely it's kind of uh
Starting point is 01:22:19 capitalistic right it's it's it's and and a lot of people like marty think that uh bitcoin as our financial system could solve a lot of problems right so if it comes out and it's kind of like the government doesn't interfere with it it's my worry is this if that type of society exists no matter what it's if it's financial or if it's back in the old days and it's and it's men trying to compete for the women right what ends up happening is there's a top dog that saves for the women back in the tribal days there's the alpha and then that alpha doesn't get uh one girl he doesn't get the most attractive girl he doesn't get the most attractive girl and her uh her sister or whatever he gets every single girl that's how it used to work the top dog in in
Starting point is 01:23:18 the society gets every woman this is way way back you know in bitcoin see if i can bring this full circle here um these are a lot of my thoughts too are like they sound idiotic but they have good points in bitcoin wouldn't the top dog if it's unregulated end up with not a lot of bitcoin with that not uh you know a majority of the coin wouldn't they end up the top most richest guys in the world end up with virtually all the bitcoin wouldn't it eventually flow all the way back it would even people like people like me who have a little bit wouldn't mind eventually flow into them and then they basically when it's all said and done you have the one percent of the one percent of the one percent has 99 of all the bitcoin well so look at the fiat legacy system the top
Starting point is 01:24:17 you know one percent or half a percent they control like 80 90 of the world's wealth so what you just described essentially happened you know in the legacy finance right because that because this is uh and to my point this that's what happens in in uh it's just natural for the top people to get richer the rich get richer for sure uh i think in the bitcoin world uh is it possible sure uh but the one thing that bitcoin has that the fiat currencies don't have is you're financially incentivized to spend your dollars right because they become less valuable over time because they're being devalued or through inflation with this you know that if you hold onto the Bitcoin because it's only 21 million, it's deflationary, meaning that it will get more
Starting point is 01:24:58 valuable over time, right? Because as long as demand increases, fixed supply will increase in price. And so what ends up happening is now you're incentivized not to spend or not to be a consumer and to be a saver. And so there's this weird dynamic where in the legacy world, investors are rewarded and savers are punished. Now the saver actually can win in a Bitcoin denominated world and so i think that's one of the key differences that doesn't necessarily mean that there's not going to be a disparity between you know some people with lots and lots of bitcoin and some people with not a lot of bitcoin right but i think that that just mirrors you know the system that we already have right interesting okay all right i appreciate you letting me get
Starting point is 01:25:40 two questions off of course where uh for like the three people who are watching this who don't know who you are where uh where can they find you on the internet i'm sure there's more than that um but uh kayla presley on on all uh social medias is just my name but um you know i'm doing stuff for barstool and um i'm around i'm around hopefully in 10 years from now you vlog on so whatever kind of virtual reality is going on and i'll be you can watch you know the pga tour hopefully well we're cheering for you man we'll have to do this again in the future absolutely i really really appreciate it, man. Keep doing it. Keep up the hard work. Keep hodling. And just remind people whenever Bitcoin starts to go up, please remind them what to do in a bull market.

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